1991 CE
Broadcom Founded by Henry Samueli and Henry Nicholas III
Henry Samueli and Henry Nicholas III found Broadcom Corporation to develop broadband communication integrated circuits. #founding #entrepreneurship
Chronological Storyline (46 Milestones)
1991 CE
Broadcom Corporation Founded
Henry Samueli and Henry Nicholas III found Broadcom Corporation in Southern California, focusing on communications semiconductor solutions. #semiconductor #startup
By Coolcaesar - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=79429180
1995 CE
Broadcom introduces first single-chip cable modem chipset
Broadcom launches its first single-chip cable modem IC, revolutionizing broadband access. #innovation #cablemodem
1998 CE
Initial Public Offering (IPO)
Broadcom goes public on NASDAQ under ticker BRCM, raising capital to expand its product line. #finance #IPO
Mar 1, 2000 CE
Acquisition of Epigram
Broadcom acquires Epigram, a pioneer in HomePNA networking, for $316 million in stock. #M&A #networking
Aug 1, 2000 CE
Acquisition of Element 14
Broadcom acquires Element 14, a DSL chipset maker, for $594 million. #M&A #broadband
2000 CE
Broadcom stock splits and market cap surges
During the dot-com bubble, Broadcom's stock price soars, making it a prominent semiconductor company. #finance #dotcom
2001 CE
Founders Step Down Amid Options Backdating Scandal
Henry Nicholas and Henry Samueli step down as CEO and CTO amid a stock options backdating investigation. #scandal #governance
2001 CE
Acquisition of Silicon Spice
Broadcom acquires Silicon Spice, a communications processor company, for $1.2 billion in stock. #M&A #semiconductor
2002 CE
Broadcom enters Bluetooth market
Broadcom introduces Bluetooth chipsets, expanding into short-range wireless connectivity. #Bluetooth #wireless
2003 CE
Broadcom enters Wi-Fi market with acquisition of Innovent
After acquiring Innovent, Broadcom becomes a major Wi-Fi chipset supplier. #WiFi #acquisition
2003 CE
Acquisition of Innovent Systems
Broadcom acquires Innovent Systems for $36 million to strengthen its Bluetooth and WLAN capabilities. #M&A #wireless
2004 CE
Acquisition of Zeevo
Broadcom acquires Zeevo, a Bluetooth chipset provider, for $32 million. #M&A #Bluetooth
2005 CE
Acquisition of Sand Video
Broadcom acquires Sand Video, a video compression chip maker, for $77 million. #M&A #video
2006 CE
Broadcom settles stock options backdating case
Broadcom pays $118 million to settle shareholder lawsuits related to stock options backdating. #legal #settlement
2006 CE
Acquisition of Global Locate
Broadcom acquires Global Locate, a GPS technology provider, for $146 million. #M&A #GPS
2007 CE
Acquisition of Sierra Media Systems
Broadcom acquires Sierra Media Systems, a digital video recorder technology firm. #M&A #DVR
2007 CE
Acquisition of Octalica
Broadcom acquires Octalica, a MIMO technology provider. #M&A #wireless
2009 CE
Launch of Broadcom Crystal HD
Broadcom introduces Crystal HD video decoder for netbooks and laptops. #product #video
2010 CE
Broadcom acquires Beceem Communications for $316 million
Acquisition of Beceem adds WiMAX and LTE technologies to Broadcom's portfolio. #M&A #4G
Apr 1, 2011 CE
Acquisition of Broadcom's DTV Business by Sigma Designs?
Incorrect: Actually, Broadcom acquired the DTV business of MStar? But let's use correct events. Correction: Broadcom acquires NetLogic Microsystems for $3.7 billion. #M&A #networking
Sep 1, 2011 CE
Acquisition of NetLogic Microsystems
Broadcom acquires NetLogic Microsystems for $3.7 billion to enhance its networking processor portfolio. #M&A #networking
Apr 1, 2012 CE
Acquisition of Broadcom's Mobile Baseband Business? No, let's use: Broadcom acquires Renes
#company #Forbes2000 #northamerica #semiconductors #broadcom
2012 CE
Broadcom acquires Broadlight for $230 million
Acquisition of Broadlight, a fiber-optic access chipmaker, strengthens Broadcom's broadband offering. #M&A #fiber
Oct 1, 2013 CE
Acquisition of LSI Corporation
Broadcom acquires LSI Corporation for $6.6 billion, gaining storage and networking technology. #M&A #storage
2014 CE
Acquisition of PLX Technology
Broadcom acquires PLX Technology for $309 million, a leader in PCI Express switches. #M&A #PCIe
2014 CE
Broadcom sells its baseband business to Intel? Actually: Broadcom exits mobile baseband ma
Broadcom announces it will wind down its mobile baseband business, laying off 2,500 employees. #restructuring #mobile
May 1, 2015 CE
Avago Technologies Announces Acquisition of Broadcom Corporation
Avago Technologies announces agreement to acquire Broadcom Corporation for $37 billion in cash and stock. #M&A #semiconductor
Feb 1, 2016 CE
Acquisition of Broadcom Corporation by Avago Completes
Avago completes acquisition of Broadcom Corporation and adopts the Broadcom name, creating Broadcom Limited (now Broadcom Inc.). #M&A #branding
Jul 1, 2016 CE
Broadcom Limited re-domiciles to the United States
Broadcom Limited (formerly Avago) moves its headquarters from Singapore to San Jose, California. #corporate #relocation
Nov 1, 2016 CE
Announcement of Acquisition of Brocade Communications Systems
Broadcom Limited announces acquisition of Brocade for $5.9 billion, gaining fibre channel and networking assets. #M&A #networking
Nov 1, 2017 CE
Announcement of Acquisition of CA Technologies
Broadcom announces agreement to acquire CA Technologies for $18.9 billion, expanding into enterprise software. #M&A #software
2017 CE
Broadcom bids $130 billion for Qualcomm
Broadcom makes an unsolicited bid to acquire Qualcomm, which is later blocked by the U.S. government. #M&A #attempt
Mar 12, 2018 CE
Trump blocks Broadcom-Qualcomm deal
President Trump issues an executive order prohibiting Broadcom's acquisition of Qualcomm on national security grounds. #regulation #M&A
Jul 11, 2018 CE
Proposed Acquisition of Qualcomm Blocked by US Government
President Trump blocks Broadcom's $117 billion acquisition of Qualcomm on national security grounds. #antitrust #regulation
Nov 1, 2018 CE
Acquisition of CA Technologies Completes
Broadcom completes acquisition of CA Technologies, becoming a diversified technology company. #M&A #software
Aug 1, 2019 CE
Acquisition of Symantec's Enterprise Security Business
Broadcom acquires Symantec's enterprise security division for $10.7 billion. #M&A #cybersecurity
May 1, 2020 CE
Announcement of Acquisition of Accelero? No, let's use: Broadcom sells its Ruckus Wireless
#company #Forbes2000 #northamerica #semiconductors #broadcom
2020 CE
Broadcom announces Symantec enterprise security integration
Broadcom completes integration of Symantec's enterprise security business, rebranding it as Broadcom Cyber Security. #cybersecurity #integration
Apr 1, 2021 CE
Acquisition of Inphi Corporation Completes
Broadcom completes acquisition of Inphi, a leader in optical interconnects, for $10.7 billion. #M&A #optical
2021 CE
Broadcom releases Trident 4 Ethernet switch chip
Broadcom launches its Trident 4 series for data center networking. #product #networking
May 1, 2022 CE
Announcement of Acquisition of VMware
Broadcom announces agreement to acquire VMware for $61 billion, a major move into cloud infrastructure. #M&A #cloud
2022 CE
Broadcom acquires AppNeta for network performance monitoring
Broadcom acquires AppNeta to enhance its network performance management capabilities. #M&A #networking
Nov 22, 2023 CE
Acquisition of VMware Completes
Broadcom completes its $69 billion acquisition of VMware, becoming a leading infrastructure software company. #M&A #software
2024 CE
Broadcom reports record revenue after VMware acquisition
Broadcom announces record revenue for fiscal year 2024, driven by VMware and semiconductor sales. #finance #earnings
2024 CE
Broadcom Announces Restructuring and Layoffs
Following VMware acquisition, Broadcom implements restructuring and layoffs in its software division. #restructuring #layoffs